FPL First Calgary

    Dealing by Director and Director Grant

    TSX: FCP
    AIM: FPL

    CALGARY, April 4 /CNW/ - First Calgary Petroleums Ltd. ("FCP" or the
"Company") announces that Mr. Richard G. Anderson, an executive director of
the Company, purchased 6,500 common shares of the Company on March 31, 2008 at
an average price of $2.81 (Cdn.) per share, through the facilities of the
Toronto Stock Exchange. Mr. Anderson advises that he purchased the shares with
the cash available in his RRSP. He now holds 2,249,706 common shares of FCP
(0.9% of FCP's shares outstanding) and continues to hold 1,850,000 stock
options.
    The Company further advises that 200,000 options to acquire common shares
were granted to Mr. H. Garfield Emerson on March 28, 2008 at an exercise price
of $2.82 (Cdn.). The grant was presented to Mr. Emerson in accordance with the
Company's compensation policy regarding newly appointed directors. These stock
options represent Mr. Emerson's total option holdings in FCP.

    First Calgary Petroleums Ltd. is an oil and gas company actively engaged
in international exploration and development activities in Algeria. The
Company's common shares trade on the Toronto Stock Exchange in Canada (FCP)
and on the AIM market of the London Stock Exchange in the UK (FPL).

    This press release is being issued in compliance with the rules of the
AIM market of the London Stock Exchange.


For further information: contact First Calgary Petroleums Ltd.: Jeffrey P.
Angel, Vice President Corporate Communications and Investor Relations, Tel:
(403) 264-6697; Nominated Advisers: Richard Swindells, David Nabarro, Nabarro
Wells & Co. Limited, Tel + 44 (0) 207 710 7400
(FPL)

 



END

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